I started several years ago buying vacant land parcels at auction and reselling later for profit. Shortly then graduated to single family rentals for several years. Then bought an existing 6 unit bldg, rehabbed and re...

I passed on a deal a month ago, but the chance has come back as the sale fell through due to financing. My hesitation was that it is a twin home (I'd be buying half) with a mother in law apartment in the basement (goo...

I have two units separately metered and we are installing a shared washer and dryer. Logistically, the water and power for the dryer would come from the smaller one bedroom and the washer power would come from the 2-B...

Hi all. I own a four unit multi. There are two oil tanks in the building, each heating two of the apartments. So, it's impossible for me to know who is using how much oil and the heating cost ends up on my side of the...

I wanted to share my first "investor oriented" property experience.  This was a cash purchase from a wholesaler that I know.  The day after we bought it, there was a large storm that came through and the power lines c...

Does anyone have any experience in solar lighting for a parking lot, or in this case, a boat and RV storage yard? With the cost and availability of wire and PVC I'm looking into this as an option. My first thoughts a...

Hey BP, I recently thought about how residential home prices increase. Homes are priced with the current market and over time, as demand increases, home prices are bid up. On the other side, as demand decreases, home ...

Investment Info:
Single-family residence buy & hold investment in Royal Oak.

Purchase price: $120,000

Cash invested: $20,000

This is my first investment property. In 2019 I bought a large singl...

Seller owns property outright. house has probs I am aware of, probably more so than seller. Seller (actually power of attorney holder) needs money ASAP, for reals. Title co says they need 2 weeks to close. I've got th...

Hi,I have two single family houses in Detroit currently rented out.  Both houses have detached garages and I have been considering turning the garages into 1 bedroom units.  They would be very small, approximatley 300...